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RE: TWL: Domicile Research


Subject: RE: TWL: Domicile Research
From: Philip J. Rosch (

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    I looked at Nevada, Texas and Florida. Florida worked out best for me. No
    income tax, no property tax on boats, no sales tax if you've had the boat
    for 6 months, and the "intangibles tax" is in year 1 of a 3 year phase out.
    I set up a banking relationship with First State Bank of the Florida Keys
    http://www.keysbank.net/personal.html , mail forwarding with VMFS of
    Islamorada http://vmfs.com/ and will get a Florida license, voter
    registration, and file a "domicile" form long before my departure date of
    9/01.

    I wanted to be able to do all my banking electronically and get and pay
    bills electronically (CheckFree) http://www.checkfree.com/ , some banks are
    more progressive than others.

    I use a Qualcomm 960 phone, Verizon carrier and a data-on-the-go card
    (digital and analog) from Kyocera driven by networked ThinkPad and Toshiba
    laptops. My expectation is the Bahamas will be a challenge but the trips
    down and back should provide easy access to the web and E-mail.

                                                 Regards...

    Phil Rosch
    "Dolly Surprise" MT-44DC
    Wakefield, RI

    (SNIP) plan to sell the house and live aboard for 2 years. We have been
    trying to
    pick a state that we could potentially move to after the cruise, but also
    one that has lower taxes. Big problem it seems. We are in Mi. now and I am
    tired of the winter.
    Where did you pick?





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